TSB’s 5,700 staff and executives are to share a 10% bigger bonus pot this year, after rising interest rates pushed the bank’s annual profits to record highs.
The high street lender confirmed the pool had risen to £29.8m, up from the £27m distributed a year earlier. For most staff, that will mean collecting bonuses worth 11.8% of their pay, compared with 10.2% a year earlier.
